Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE FIRST TRUST COMBINED SERIES 493: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FHBONX)
Countertrend Down (-85) - FHBONX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FHBONX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHBONX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FHBONX
The long-term trend has been DOWN since Apr 1st, 2024 at 963.08
The intermediate-term trend has been DOWN since Mar 4th, 2024 at 968.48
The short-term trend has been UP since Apr 22nd, 2024 at 952.00
Smart Scan Analysis for FHBONX
Based on our trend formula, FHBONX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 952.15 | 952.15 | 952.15 | 948.03 | -4.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 952.15 | 0 | 948.03 | 1084.90 | 2024-04-25 18:05:00 |
| 52wk High | 1084.9 | 52wk High Date | 2024-04-24 |
| 52wk Low | 873.28 | 52wk Low Date | 2023-10-19 |
| Year End Close | 1090.43 | Payment Date | 2023-09-25 |